NTN to Supply In-Wheel Motors to China EV Startup
4/19/2018NTN Corp. will supply in-vehicle motors to China’s Changchun Fawsn Auto Tech (FSAT) for an electric vehicle the startup plans to launch next year, The Nikkei reports.
Brabham Supercar to Get 700-hp V-8
4/19/2018England’s newly formed Brabham Automotive Ltd.’s new BT62 hypercar will be powered by a naturally aspirated 5.4-liter V-8 that makes 700 hp.
Report: Daimler Could Take Tiny Stake in Volvo Cars
4/19/2018Daimler AG may agree to supply engines to Volvo Car Corp. and could even buy a small amount of equity in the company, Manager Magazin opines.
BMW Touts Next-Gen Digital Display
4/19/2018BMW AG says its new digital display system is easier to use and allows for greater customization than its current system.
U.S. Senate Votes to Drop Rule on Auto-Lending Margins
4/19/2018The U.S. Senate has narrowly agreed to drop a rule that capped auto dealer margins on indirect retail loans.
Infiniti Aims to Triple China Sales in 5 Years
4/19/2018Nissan Motor Co.’s Infiniti luxury brand aims to more than triple its annual sales in China to 150,000 within five years.
Critics Want Tesla to Justify Safety Claims for Autopilot
4/19/2018Safety group are pushing Tesla Inc. to justify its claim that its semi-autonomous-driving system makes its electric cars 40% safer, notes Automotive News.
Toyota to Unveil Its First Plug-in Hybrids for China
4/19/2018Toyota Motor Corp. says it will use next week’s Beijing auto show to debut two plug-in hybrid models for the Chinese market.
Last Co-Founder of Otto Robotic-Truck Unit Leaves Uber
4/19/2018All four co-founders of Otto, the self-driving-truck company acquired by Uber Technologies Inc. in 2016, have left the ride-hailing service.
IMF Urges Government Action on Debt
4/19/2018The International Monetary Fund says governments should take decisive action now to reduce their debt-to-GDP ratio.